I believe people who think interest rates will be coming down any time soon are somewhat misguided by their own perspectives...
The reserve bank won't drop in a hurry as they would be risking any progress they have made..
They need not only inflation to subside..they also need to see a marked rise in unemployment so as to fortify there intentions in a hope what they set out to achieve is long lasting..that being inflation under control..
There is a big difference between having inflation under control vs a drop in inflation..
A Lagging indicator would be shops boarded up and for lease signs right up and down the strip's..
That massive war chest Imugene were smart enough to amass will now be more important than ever as we start to see business head off into receivership..Its important for that money to be protected not only by the board but also by us shareholders..
GO IMU...GO U GOOD THING..
dyor...just my opinion and never advice
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